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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
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Post original content (at least 100 words) on Gate Square related to
- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
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Analysts: Bitcoin may form a double top structure, and the rise momentum is weakening.
ChainCatcher news, Coindesk analyst Oliver Knight stated that the current trend of Bitcoin is similar to that of 2021, potentially forming a "double top" structure. Key on-chain indicators include three bearish divergences in the weekly RSI (RSI is a technical indicator that measures overbought and oversold conditions, where a bearish divergence indicates a decline in RSI while the price rises), low trading volume during breakouts, and divergence between futures open interest and price. Knight pointed out that despite the price reaching new highs, the overall upward momentum has significantly weakened.